Explore a unique 3-in-1 business venture right outside Sydney CBD with our Shisha Lounge, Middle Eastern and Italian Cuisine Restaurant, and Licensed Bar/Pub.
1SELL Listing ID: 1AU078
Embark on a remarkable turnkey business opportunity located near the lively Sydney CBD. This establishment, renowned for its innovative concept merging a Shisha Lounge, Middle Eastern and Italian Cuisine Restaurant, and a Licensed Bar/Pub, offers an exceptional experience complemented by Belle Dancers on Fridays and Saturdays, enhancing both uniqueness and revenue potential. Backed by impressive financial figures and a strategic location, this business stands as an enticing investment opportunity.
Financial Success: Demonstrating an annual net profit of approximately $300,769, this business consistently exhibits robust financial performance. Monthly net profits average around $25,064, contributing to an outstanding annual shop sales profit of approximately $764,692. Note that these financials do not include alcohol sales, yet with an approved liquor license ready for use, the potential for increased profitability and revenue growth is substantial.
Prime Location: Positioned in a bustling area near Sydney CBD, the business benefits from high foot traffic and a diverse customer base. Boasting a spacious 398-square-meter floor area, accommodating up to 120 seats, it presents opportunities for large-scale events and building a loyal clientele.
Diverse Revenue Streams: Combining a Shisha Lounge, Middle Eastern and Italian Cuisine Restaurant, and a Licensed Bar/Pub creates multiple revenue streams, catering to diverse customer preferences and boosting sales.
Efficient Operation: Under full management, the business operates seamlessly, ensuring a steady income stream. Operating hours from 5 pm to 11 pm on weekdays and until 10 pm on Sundays strike a balance between profitability and manageable working hours. Additional hours may be considered with DA approval already in place.
Expansion Opportunities: Activate the approved Liquor License for an immediate revenue boost. With a strong online presence and captivating ambiance, the business is poised for strategic growth. Notably, current sales exclude alcohol, as the owner has successfully operated without it, emphasising the untapped potential for increased profitability.
Online Presence: Benefit from an impressive website and a 4.6-star Google rating, attracting customers and showcasing the business’s exceptional reputation.
Lease Details: The current lease extends until September 2027 with an option for a further 5 years. Choose to continue the existing lease or negotiate a fresh 5 + 5 + 5-year lease, subject to the landlord’s approval.
Professional Support: The seller offers comprehensive support during the transition, ensuring a smooth handover and providing the knowledge and guidance for continued success.
Seize the opportunity with this turnkey business near Sydney CBD, featuring diverse revenue streams, strong online presence, and a history of impressive financial performance. With expansion opportunities and a strategic location, this business is set for continual growth and success.
Asking Price: $448,000 WIWO (All equipment included)
For more information or to arrange the signing of the confidentiality agreement, please contact:
Ricky Khurana – Business Sales Specialist
Disclaimer: Listing photos are for illustration purposes only and are not actual images of the business on sale. THE PURCHASER IS TO MAKE HIS/HER OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTIES OR STATEMENTS MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF.